Retailer asks customers to record their ‘Ideal’ love
Kay Jewelers and Tolkowsky, the creator of the Ideal Cut diamond, are hosting a video contest that will afford one grand-prize winner a proposal package that includes a European trip and engagement ring.
Nordstrom becomes latest to enter Canadian market
Nordstrom officially has opened its first international store, a 140,000-square-foot location in Calgary, Alberta, joining a number of other retailers who have expanded into Canada over the past year.
Study: Stores now using social channels more for ads
Department stores’ strategies on social media are shifting from a focus on community growth to leveraging the networks for more traditional marketing methods, a recent report from think tank L2 shows.
Industry think tank group created in Italy
A number of well-known players in the industry have formed an international think tank designed to provide the broadest view of the challenges the industry faces, as well as strategies for dealing with them.
Antwerp Diamond Bank to shut down
Yet another bank seems set to exit the jewelry industry, as KBC said Friday that the sale of the Antwerp Diamond Bank to Yinren Group has fallen through and it will, according to its agreement with the European Commission, wind down the bank’s activities.